Challenge-trg Group acquires Twenty20 Capital’s PMP Recruitment

Challenge-trg Group has acquired PMP Recruitment from investment house Twenty20 Capital for an undisclosed figure, bringing group revenues to over £750m.

A Challenge-trg statement said: “The combined knowledge and experience of the group will offer specialist, bespoke end-to-end logistics solutions in recruitment, training, driving, warehouse operatives and haulage, underpinned by its own supply-chain technology.”

The deal also sees Jamie Reynolds, group CEO of Cordant Group, PMP’s parent recruitment organisation, join Challenge-trg’s board to support “long-term client relationships, transition and integration”, the Challenge-trg statement said. Before becoming group CEO at Cordant in March 2020, Reynolds was PMP’s managing director and also had held the role of Cordant group commercial director.

Tom Cropper, group CEO of Challenge-trg, hailed PMP as “a leader in establishing protocols in the abolishment of modern slavery”, reflecting values which he said aligned with the other company. “Challenge has focused on creating a work environment that develops and supports our employees,” he said.

The company will now employ over 500 group operational staff and over 40,000 temporary workers. 

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

Hospitality businesses more difficult to fill, as ONS highlights recruiting crisis

The Office of National Statistics reports that as the UK wrestles with a recruiting crisis across the country, hospitality businesses are most likely to be struggling to fill roles.

16 September 2021

Government and companies create jobs across the UK

A record £650bn infrastructure investment will support 425,000 jobs a year, according to a new Infrastructure Pipeline.

16 September 2021


This week’s appointments include: Anderson Quigley, Bitstamp, Colas Rail, Heidrick & Struggles, Highfield PS, iSource, Liquid Link, MRG, NRG, Phaidon International, The RSA Group, TotallyMoney

People 6 September 2021


This week’s new contracts & deals include: Beeken Reeves, Caval, Compono, ettain, GKR London, Greenbean, idibu, ManpowerGroup

Contracts 6 September 2021